How do you see hyandai

Hyundai Motor's financial performance and market outlook:

1. Strong Market Performance:
   • Hyundai Motor had a stellar first quarter in the U.S. with sales growth far outpacing the industry, up 8%.
   • The company reported sales of 382,354 units in Q1 2023, which was its best-ever first quarter for sales.
2. Market Share and Brand Performance:
   • Hyundai Motor's market share approached 11%, with each brand posting a market increase.
   • The Hyundai brand had sales of 184,449 vehicles, up nearly 16% from the year-earlier quarter.
   • The Kia brand sold 184,136 vehicles in Q1, up almost 22%.
3. Incentives and Average Transaction Prices:
   • Hyundai slashed incentives to historic lows while maintaining steady average transaction prices compared to the previous year.
4. Global Sales and Growth:
   • Hyundai Motor sold 4,216,680 vehicles globally in 2023, marking a 6.9% increase compared to 2022.
   • The company aims to achieve global sales of 4.24 million units in 2024.
5. Strategic Focus:
   • Hyundai is optimizing its product portfolio and vehicle supply management for each region and focusing on electrification.
   • The company is strengthening its global EV production infrastructure and establishing flexible business strategies to adapt to market changes.

In conclusion, Hyundai Motor has demonstrated strong market performance and brand growth in the U.S. and globally. The company's strategic focus on optimizing sales and electrification positions it well for continued success in the evolving automotive market.